
Cheap Apartments for Rent in Eddy County, NM from $500 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in Eddy County.


EMLI Artesia: Income Qualify Today
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

908.5 Bullock Ct

River Oaks Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Eddy County, NM Local Guide

How much does it cost to rent an apartment in Eddy County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eddy County 1 Bedroom Apartments | $1,091 | $548 | $1,445 |
| Eddy County 2 Bedroom Apartments | $1,444 | $614 | $1,835 |
| Eddy County 3 Bedroom Apartments | $1,638 | $707 | $2,045 |
| Eddy County 4 Bedroom Apartments | $1,506 | $1,506 | $1,506 |
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Best Value Apartments for Rent in Eddy County, NM
As of March 07, 2026 the best value apartment in the Eddy County area is the $1.22 price per square foot Two Bedroom Model at Tia Maria in the starting from $1,100. The second greatest value Eddy County apartment is the Lily Model at Avalon at Carlsbad starting at $1,450 with a $1.72 price per square foot . Here is today’s list of the best values for Eddy County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| Avalon at Carlsbad | Lily | 2BR,2BA | $1.72 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Vista del Sol | One Bedroom | 1BR,1BA | $1.60 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Eagle Creek | One Bedroom | 1BR,1BA | $1.54 |
| Village at Carlsbad | A1 | 1BR,1BA | $2.09 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.88 |
Frequently Asked Questions about Cheap Eddy County Apartments
What is the price of a cheap apartment in Eddy County?
The cheapest apartment in Eddy County is Roselawn Manor which is listed at $517, while the average apartment in Eddy County costs $1,785.
What types of apartments are the cheapest in Eddy County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Eddy County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.